The First, A National Banking Association
Overview / Commentary
The First, A National Banking Association is headquartered in Hattiesburg and is the 5th largest bank in the state of Mississippi. It is also the 247th largest bank in the nation. It was established in 1996 and as of June of 2020, it had grown to 783 employees at 83 locations. The First, A National Banking Association has an A health rating.
Health
A
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34217 |
| Year Established | 1996 |
| Employees | 783 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.35% |
| Return on Equity - YTD | 9.09% |
| Annual Interest Income | $87.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $5.08B$3.46B |
| Loans | Q2 2020vs Q2 2019 | $3.16B$2.35B |
| Deposits | Q2 2020vs Q2 2019 | $4.23B$2.83B |
| Equity Capital | Q2 2020vs Q2 2019 | $688.2MM$539.7MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $28.1MM$12.1MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $40.2MM$26.6MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $5.5MM$11.2MM |
